Jan Dhan money to go to poor, this is the last queue: PM

December 3, 2016

Moradabad (UP), Dec 3: Prime Minister Narendra Modi today said he is working on a formula on how to send the corrupt to jail who deposited their money in Jan Dhan accounts of poor after demonetization and ensure this money goes to the poor households.pm-modi

Responding to criticism over long queues outside banks and ATMS since the note ban decision on November 8, he accused his rivals of trying to "spread disinformation and despair" and said "this will be the last queue for the people who have been standing in line for the last 70 years for their daily needs".

"All those who are Jan Dhan account holders, you should not return the money that others have put in your accounts. If you promise to do so, I am working hard on to devise a formula to send all those who deposited their money illegally into your accounts to jail and to ensure the money goes to the poor households," Modi said addressing a public rally here.

Jan Dhan accounts were opened under a special campaign for providing banking facilities to the poor launched by the Modi Government in August, 2014.

He said the corrupt rich are not doing any favour, as they have looted this money from the poor in all these years.

"I salute the people of the country for standing for long hours in queues.

"I want to ask those politicians who are crying over these long queues.

"You kept the entire nation in queues for 70 years after independence, as one had to stand in lines for even sugar, kerosene and wheat in the past. This is the last queue to end all those queues," he said to applause from the crowds.

The PM said only the honest can queue up outside the banks to deposit the money, while the corrupt are standing outside the houses of poor.

Modi said he was being hounded by his rivals as "culprit" on the note ban issue and pledged that this fight against the corrupt and corruption shall not stop "come what may".

"I am being hounded as if I have committed some crime by waging a battle against graft. But, what can my opponents do to me? I am a fakir (hermit)...jhola ley kar chaley jayenge (I will exit with my little belongings)," he said.

Modi was addressing BJP's Parivartan Yatra to mobilise public support ahead of the upcoming Assembly elections in Uttar Pradesh.

Tearing into the opposition, he said, "Some call me a culprit.... Is it a crime to fight corruption which is at the root cause of all ills prevailing in the country for the past 70 years?"

Without naming any party, Modi made a subtle reference to Congress when he said that the 1.25 crore people were his leaders and he had no high command.
"You are my leader...I have no high command," he said.

His attack against the opposition came in the backdrop of their protests inside and outside Parliament on noteban, where the Winter Session has so far been almost washed out with the uproar eclipsing the proceedings every day.

Talking tough, Modi said corruption will not go on its own and has to be wiped out.

Comments

Skazi
 - 
Sunday, 4 Dec 2016

Gaddar people think that, other people will do what the Gaddar thinks... The poor people will have to live... They can not take Panga with the people who gave money to deposit in their accounts... Modi has still to go to Balavadi to learn all these basic principles of life

This proves, how the Gaddar has lost his sleep and mental balance ...
I can not understand, why the IT raids are carried out SELECTIVELY and not on all govt officers, police, judges , politicians who are 100 % CORRUPT

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News Network
March 14,2020

Kalaburagi, Mar 14: Delivering its judgment within a period of three and half months, a court here on Friday awarded death sentence to a man, who was a convict in the rape and murder case of a minor girl.

The Second Additional District and Sessions court in Kalaburagi sentenced Yallappa to death in the matter.

"The convict, had on December 2, 2019, taken the minor victim behind an Angwanwadi centre in Yakapur village. He raped the girl, murdered her and ran away," special public prosecutor LV Chutnalakar told media.
He said that the body of the girl was recovered around 10 pm on the same night.

"The investigation in the matter was taken up after a complaint was filed by the parents of the victim. The police conducted a speedy probe and filed a chargesheet, after which the conviction and sentence were pronounced," Chutnalakar said.

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News Network
February 20,2020

Gadag, Feb 20: A 33-year-old Muslim man is all set to become a seer at Muruga Rajendra Mutt in Gadag.

Ordained by Sri Murugarajendra Koraneswara Swami of the mutt, Dewan Sharief Mullah claims he was taking the step not under any duress but after being "guided by the almighty".

"Nobody asked me to do it. The almighty came in my mind and guided me.... They have put the sacred thread and given me the responsibility. They have given me the 'Ishta-linga' and this honour. I have done the 'Ishta-linga dharan'. I will walk on the path of dharma. Love and sacrifice is the message given to me. That is what I want to propagate," he said.

Sri Murugarajendra Koraneswara Swami said, "It does not matter what caste you belong to. If God appears to you for a path of goodwill and sacrifice, you will do it regardless of the manmade restrictions of birth and caste."

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February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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